Realtor Hamburg - Your condo, house or property in Germany - FIV Magazine

When it comes to finding an estate agent, there are many important facts that property owners or property seekers should be aware of. We therefore have important tips on how to find the right broker for your individual situation. Afterwards, we have selected the top real estate agent recommendations for Hamburg for you. Tip: You want to invest money and earn passive money? Read all about capital investment.

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Real Estate Agent Hamburg: How to find the best real estate agent

There are many advantages and disadvantages to hire or not hire a broker. An estate agent can help with buying, selling and renting a home. He or she is always available to give advice and help and with his or her expertise can resolve many questions. You are protected by the real estate agent and property developer ordinance if you are not satisfied with the services of your real estate agent.

Purchase, sale, investment or rent – the broker will help you

The tasks of an estate agent are different for buying, selling and renting, but the expertise in all situations can help to close the deal successfully.

Hamburg City: Living in the port city

Purchase: expiry, building and building saving

The purchase of real estate is possible both with and without an estate agent. The real estate agent can help with legal matters, such as the purchase contract or the notary appointment, and use important knowledge from years of experience to give helpful tips. The agent can only work for the buyer and support him in the search for the dream property, but also represent both sides of the purchase. He can mediate between both sides and help to find an agreement. The expert knowledge and the many years of experience help both parties to find a solution and successfully complete the purchase of the house.

Sale: valuation and tax tips

When selling, the broker’s main task is to relieve the seller and take over the mediation of the property. From the creation of an advertisement with appealing pictures to the execution of the viewings and the suggestion of a suitable buyer, the broker relieves the seller of the time-consuming tasks and advises him with his expertise and years of experience. If the estate agent does not carry out the tasks satisfactorily, you can assert a right of revocation against him and you do not have to pay for the services carried out.

Capital investment: Financial broker – real estate and equity capital

Using real estate as a capital investment is currently a trend and for good reason. Interest rates are currently at an all-time low, which not only has a negative effect on the profitability of classic investments such as government bonds or shares, but also on the conditions for loans. These are very attractive due to the low interest rates, which enables home buyers to take out loans at very favourable conditions from banks. But also the development of the real estate market speaks for the investment in a property. The prices for investment properties are rising steadily, especially in trendy areas such as Berlin, Hamburg or Munich, which is reflected in high returns.

Rent: apartment or house?

However, buying a property is not the right choice for everyone. Also the rent offers some advantages which should not be underestimated. Probably the biggest advantage is the flexibility of being able to terminate the lease easily. Whether the job requires this or simply not yet the ideal place for eternity has been found. The option to move to another city, many like to keep open. However, for someone who is happy in the region and wants to settle down, buying a property is more likely to be a good idea than renting. The decision must be made according to the individual life situation and cannot be answered in a general way.

Realtor commission and fees for rent and purchase

The broker’s commission depends on whether the property is for sale or rent. In the case of objects for sale, the commission is negotiated, whereas the buyer principle applies to rental objects. The amount of commission depends on various criteria, such as the purchase price or the region. In general, the commission is between 4 and 6 percent of the purchase price, so for a property worth 100000 Euros, the commission is already 4000 – 6000 Euros. The negotiations about the commission are therefore worthwhile. Recommendable and realistic is a total commission of 3.48 percent including value added tax. However, it is important to note that this can vary from region to region.

Who pays the broker?

This question depends first and foremost on whether the property is rented or purchased. In the case of a rented property, the buyer principle governs who pays the agent, whereas different rules apply to a purchased property. In the case of objects for purchase, the client negotiates with the broker not only the amount of the commission but also determines who is to pay the commission. Depending on the federal state, there are restrictions for the client here. In general, however, the client can determine that the buyer or seller must pay the entire commission, or that the payment is split between the two.

Buyer principle broker – from when do I pay?

The buyer principle is applied to rental properties and determines who has to pay the broker’s commission. It means that the person who has commissioned the agent must pay the agent. If the landlord commissions an agent, the agent must pay the commission even if the tenant has responded to the agent’s advertisement. In retrospect, the tenant can also not incur any costs, as these must be borne in full by the landlord. The amount of the commission is freely negotiable if the landlord pays it, as with the purchase of a house. However, if the tenant is the client and has to pay the commission, it can be a maximum of two months’ rent plus VAT.

Are there brokers for insurance ?

There are brokers who deal with insurance and not with real estate. They do not act as insurance agents, but rather as a neutral person who can advise customers with the help of extensive knowledge about insurance. In reality, however, there are many insurance companies that employ such brokers, such as Allianz Brokers, Gothaer Brokers, RUV Brokers, DEMA or R+V Brokers. The objectivity that these brokers should have is lost through this cooperation depending on the situation, which means that the brokers are no longer able to advise the customers completely objectively.